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VIDA eBook

FSI Leaders' Playbook: Digital Banking Security in the Philippines

philippines

Think you know what fraud looks like?
Today, it might sound like your boss’s voice. Or a fake investment. Or a "Pinay deepfake" video used to scam someone out of their savings.

In the Philippines, over ₱623M was lost to phishing, account takeovers, and digital scams in just a few months of 2023. Fraud tactics have evolved,  powered by deepfake AI, social engineering, and SMS-based tricks like SIM swaps.

This free eBook breaks down the fraud meaning in the digital age, explores the rise of deepfake apps, and outlines how banks can implement strong fraud detection and authentication tools before the next scam hits.

What You’ll Learn:

✅ The real deepfake meaning and how it’s used to deceive
✅ What is fraud in the Philippines digital banking space — with hard numbers
✅ Why SMS OTPs are no longer secure (and what BSP recommends instead)
✅ How to prevent identity fraud with biometric and device-bound login
✅ New laws like AFASA and how they impact fraud compliance

Fill out the form below to get the free eBook